By the end of 2015 Pandora Executives and Investors will have sucked nearly 1/2 a billion dollars in “stock compensation” out of the company. Yet Pandora complains very publicly to the US Congress about being unable to cover royalties to performers and Songwriters. Hence the massive lobbying effort in Washington DC and endless lawsuits against performers and songwriters. Pandora is currently pleading for lower royalties before the Copyright Royalty Board in Washington DC.

One thought on “Liar Liar Streams On Fire #5: Pandora is Wildly Profitable, Can Afford to Pay Artists”

While this point is well taken, I would like to add another one. And namely it is not the role of the US government or the justice system to ensure that a business is able to make a profit or even stay viable. If one business chooses to purchase an item wholesale and resell that, the business has to purchase the item on a buyer seller agreement first off. Now if that business does that and somehow cannot make a profit on reselling that same item to the public, the business itself has made a bad choice and it is not up to any branch of the government to intervene buy forcing the original supplier of that item to sell it a price they do not deem viable.

This is the basis of our legal system and we have a long history to show this. Why does Pandora think otherwise? And why does our justice system seem to think it is it’s role to do so as well

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